| NKLA latest price $6.1050 (2.95%) ($6.1050 - $6.1050) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.24% (three month average) |
RSI | 42 |
Latest Price | $6.1050(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NKLA advances 1.9% a day on average for past five trading days. |
Weekly Trend | NKLA declines -8.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NKLA advance at 0% a week (0% probability) ARKK(79%) IPO(77%) ONLN(77%) IBUY(76%) DRIV(72%) |
Factors Impacting NKLA price | NKLA will decline at least -3.12% in a week (0% probabilities). VIXM(-62%) VXX(-43%) UUP(-27%) UNG(-13%) USO(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.12% (StdDev 6.24%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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